Futu Holdings Limited (FUTU) Income Statement Analysis

See more : Mauna Kea Technologies SA (MKEA.PA) Income Statement Analysis – Financial Results

Complete financial analysis of Futu Holdings Limited (FUTU) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Futu Holdings Limited, a leading company in the Financial – Capital Markets industry within the Financial Services sector.

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Futu Holdings Limited (FUTU)

Industry: Financial - Capital Markets

Sector: Financial Services

Website: https://www.futuholdings.com

About Futu Holdings Limited

Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. The company provides trading, clearing, and settlement services; margin financing and securities lending services; and stock yield enhancement program. It also offers online wealth management services under the brand of Futu Money Plus through its Futubull and moomoo platforms, which give access to mutual funds, private funds, and bonds; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. In addition, the company provides initial public offering subscription and employee share option plan solution services to corporate clients under the Futu I&E brand. Futu Holdings Limited was founded in 2007 and is based in Hong Kong, Hong Kong.

Metric	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	9.10B	7.32B	6.74B	3.13B	972.32M	715.72M	202.56M	41.95M
Cost of Revenue	1.54B	996.13M	1.21B	695.95M	281.70M	0.00	0.00	0.00
Gross Profit	7.56B	6.33B	5.53B	2.43B	690.61M	715.72M	202.56M	41.95M
Gross Profit Ratio	83.11%	86.39%	82.10%	77.73%	71.03%	100.00%	100.00%	100.00%
Research & Development	1.44B	805.33M	-805.33M	-513.28M	-262.35M	151.10M	95.53M	61.62M
General & Administrative	1.31B	931.14M	529.05M	248.40M	164.85M	103.83M	57.29M	31.79M
Selling & Marketing	690.11M	895.77M	1.39B	385.32M	164.70M	98.06M	41.45M	59.20M
SG&A	2.02B	1.83B	1.92B	633.72M	329.55M	201.89M	98.74M	90.98M
Other Expenses	-815.42M	-210.30M	2.48M	-17.24M	-9.46M	-7.96M	-4.92M	-1.09M
Operating Expenses	4.09B	2.42B	1.92B	616.49M	320.09M	193.93M	93.82M	89.90M
Cost & Expenses	4.09B	1.62B	1.92B	616.49M	320.09M	193.93M	93.82M	89.90M
Interest Income	0.00	3.21B	2.52B	965.63M	464.90M	360.59M	105.87M	5.80M
Interest Expense	0.00	292.50M	376.90M	185.09M	89.24M	95.62M	19.88M	3.46M
Depreciation & Amortization	171.21M	149.65M	120.13M	79.78M	66.10M	8.33M	4.30M	3.58M
EBITDA	5.18B	3.63B	3.31B	1.53B	244.05M	304.75M	7.68M	-107.09M
EBITDA Ratio	56.92%	49.63%	49.05%	48.95%	25.10%	42.58%	3.79%	-257.88%
Operating Income	5.01B	3.48B	3.19B	1.45B	177.95M	296.42M	3.38M	-111.75M
Operating Income Ratio	55.04%	47.58%	47.27%	46.40%	18.30%	41.42%	1.67%	-266.41%
Total Other Income/Expenses	19.95M	-210.30M	-2.78B	-14.82M	60.42M	-7.96M	-4.92M	0.00
Income Before Tax	5.03B	3.36B	3.19B	1.45B	178.49M	200.80M	3.38M	-111.75M
Income Before Tax Ratio	55.26%	45.87%	47.27%	46.41%	18.36%	28.06%	1.67%	-266.41%
Income Tax Expense	748.48M	413.96M	375.08M	124.79M	12.29M	62.29M	11.48M	-13.28M
Net Income	4.28B	2.93B	2.81B	1.33B	165.66M	138.51M	-8.10M	-98.47M
Net Income Ratio	47.06%	39.98%	41.70%	42.41%	17.04%	19.35%	-4.00%	-234.76%
EPS	30.56	20.55	18.72	10.23	1.48	2.17	-0.08	-1.01
EPS Diluted	30.59	20.32	18.40	10.08	1.44	2.17	-0.07	-0.89
Weighted Avg Shares Out	140.10M	142.42M	150.11M	129.61M	111.84M	63.94M	97.71M	97.71M
Weighted Avg Shares Out (Dil)	139.96M	143.88M	152.46M	131.27M	114.74M	63.94M	111.18M	111.18M

Futu to Report Third Quarter 2024 Financial Results on November 19, 2024

November 5, 2024globenewswire.com

HONG KONG, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it will report its financial results for the third quarter ended...

All You Need to Know About Futu Holdings (FUTU) Rating Upgrade to Strong Buy

October 18, 2024zacks.com

Futu Holdings (FUTU) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Futu Holdings (FUTU) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

October 18, 2024zacks.com

After losing some value lately, a hammer chart pattern has been formed for Futu Holdings (FUTU), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for...

TIXT vs. FUTU: Which Stock Is the Better Value Option?

October 16, 2024zacks.com

Investors interested in stocks from the Technology Services sector have probably already heard of Telus International (TIXT) and Futu Holdings Limited Sponsored ADR (FUTU). But which of these two companies is the best option for those looking for undervalued stocks?

Delek Logistics Partners, Futu Holdings, NetEase And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

October 9, 2024benzinga.com

U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.

Popular Chinese Stocks Decline Pre-Market: BILI, FUTU, XPEV Suffer Major Losses

October 8, 2024gurufocus.com

In recent pre-market trading, several prominent Chinese stocks have experienced significant declines. Bilibili (BILI, Financial) saw its shares fall by more than 15%, indicating a possible shift in investor sentiment or market conditions affecting the company.

Chinese Stocks Surge: CTRP, LI, JD, FUTU, BABA, BIDU Post Gains

October 4, 2024gurufocus.com

Chinese stocks experienced significant gains. Notably, Trip.com Group (CTRP, Financial) saw its shares increase by 8%.

Why Futu Holdings Stock Was on Fire This Week

October 3, 2024fool.com

The rocket fuel provided by the Chinese government's stimulus was only one factor in the company's pop.

Mixed Performance for Chinese Stocks with HXC Index Down 2.37%

October 3, 2024gurufocus.com

Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose 2.09%, and Futu Holdings (FUTU, Financial),...